Golf vending machine – Must be sold!

Business for Sale Description

The instructions are clear - this unique locally designed golf vending machine, scorecard dispenser and advertising medium must be sold.

On offer here is the New Zealand wide exclusive license to take this unique invention, the Spynnbak Golf Kiosk, to the market and to the income producing levels that it promises.

The concept is that the kiosk is installed at golf courses, giving the option for golf club members, affiliate members and casual players to securely log in, pay their green fees using EFTPOS (debit and credit card) and collect their scorecards providing secure green fee collection 24 hours a day. The concept was created from the idea of convenience to all golfers and golf clubs and it will save money for golf clubs and at the same time generate more revenue.

There are four possible revenue streams: rent; advertising; green fee collection; merchandise sales. Projections show that with 100 kiosks operating a gross profit of more than $1 million can be achieved. When considering that there are approximately 410 golf courses in New Zealand and 1,500 in Australia, it is clear that the income potential is huge. Golf Clubs will generate income from sharing in profits from merchandise sales.

The kiosk is produced using a number of New Zealand based suppliers. The software has been developed, tested and refined over the last two years. The kiosk is protected by intellectual property design registrations in New Zealand and Australia.

The Golf Kiosk is the first in the world and ready to be launched right here in New Zealand.

The inventors and developers are now inviting expressions of interest for the purchase of the New Zealand wide license at a price and conditions to be negotiated.